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MAY 17, 2022
Gemini Now Supports Orca (ORCA) and Goldfinch (GFI)
We are thrilled to announce support for a new set of tokens!
Goldfinch (GFI) is now available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on our Gemini Mobile App and website for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs.
Orca (ORCA) is now available for limit-only trading on our API/FIX and ActiveTrader applications for USD. Trading on our mobile app and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs will open on a rolling basis once liquidity requirements are met.
GFI and ORCA* can also be custodied on Gemini.
If you don’t have a Gemini account, you can create one here.
We are excited to support more than 110 tokens on Gemini! Learn more about all the tokens we support, and more, here.
We believe these tokens will provide value to our users as we continue to support the growth of the decentralized finance ecosystem. We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.
Onward and Upward!
Team Gemini
*SPL tokens can be custodied in a Gemini exchange wallet, and are not yet available in Gemini Custody.
Updated: May 18, 2022
Orca is a decentralized exchange (DEX) built on the Solana blockchain. Orca offers swaps, liquidity pool rewards, and yield farming. One of Orca’s notable features is its fair price indicator, which checks whether the quoted price for a given trade is within 1% of the current market rate on CoinGecko and whether slippage is less than 1%. If either of those checks are triggered, the user receives a rate or slippage warning and is prompted to reconfirm or cancel the trade. ORCA is an SPL token compliant with the Solana network. ORCA is used for liquidity pools and governance. Users can earn ORCA and a share of swap fees by providing liquidity.
Goldfinch is a decentralized lending protocol that facilitates crypto loans without requiring crypto collateral, with a focus on lending to businesses in emerging markets. Goldfinch extends credit lines to businesses that can then use those credit lines to withdraw USDC, and exchange it for fiat. Prospective borrowers stake Goldfinch (GFI), and auditors manually review if the borrowers are credible enough to be allocated a loan. GFI is an ERC-20 utility token compliant with the Ethereum network. GFI is used for governance and is distributed as rewards to users who interact with the platform. Users can receive tokens by lending USDC to a borrower loan pool or by becoming an auditor.
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